ESI last announced a 3:2 split back in 1996 at about $33. Since then it performed well up into 1999 when it crashed. However, since early 2001 ESI has been on a tear and is right back to 3:2 split-territory. The firm has 150 million shares authorized and only 27 million outstanding. We are targeting ESI's unofficial earnings release date of 7/19 as the next probable time for a 3:2 announcement.

This homebuilder has split many a 2X4 but has never split its shares. Since the stock is now knocking on the $50 level, we feel a 2:1 split is warranted. The company has 50 million shares authorized and only 5 million outstanding. Since the firm just reported earnings on 4/26, we will keep our eyes open for the next BoD meeting as far as a likely announcement date.

Ryland is another homebuilder who has never split its shares. With the resurgence of the homebuilders, RYL has been breaking out to new highs. With 78 million shares authorized and only 13 million outstanding, RYL has plenty of leeway for a 2:1 split. We are looking forward to the firm's next BoD meeting as the next likely time for a 2:1 split announcement.

The maker of video games has been a high scorer this year. THQI last announced a 3:2 split in October of 1999 when the stock was trading at $42.25. We have obviously shot right by this historic split-level, so another 3:2 should be up and coming soon. We are anticipating an announcement to coincide with THQI's earnings unofficial announcement date of 7/24.